Michael McGrath (Cork South Central, Fianna Fail)
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142. To ask the Minister for Finance the annual cost of the employment and investment incentive scheme for each year since it commenced including 2018; the number of companies that have availed of the scheme in each of these years by multinational companies and SME companies; and if he will make a statement on the matter. [53756/18]

Paschal Donohoe (Dublin Central, Fine Gael)
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The Employment and Investment Incentive (“EII”) is an incentive whereby investors can claim relief for investments in qualifying companies.

The annual cost and number of companies that have availed of the scheme between 2012 and 2016, the latest year for which data are currently available, can be found in the table below.

I am advised by Revenue that while applicant companies for EII must be micro, small or medium sized enterprises they are not required by Revenue to identify whether they have a multi-national character. Accordingly, the breakdown the Deputy has asked for in relation to multi-national companies is not available.

Michael McGrath (Cork South Central, Fianna Fail)
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143. To ask the Minister for Finance the annual cost of the start-up refunds for entrepreneurs for the previous five years including 2018; the number of companies that have availed of the scheme in each of these years; and if he will make a statement on the matter. [53757/18]

Paschal Donohoe (Dublin Central, Fine Gael)
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Start Up Refunds for Entrepreneurs (SURE) provides a refund of tax paid in the previous six tax years to those previously in PAYE employment, or recently unemployed, where they invest funds into a new business set up by them.

The most recent year for which statistics are available on this incentive is 2016. The cost and number of individuals who have availed of SURE for each year from 2012 to 2016 inclusive are as follows:

As the Deputy is aware, in 2018 I commissioned a review of the Employment and Investment Incentive (EII) and SURE. Following on from the recommendations made in this review, I have extended both incentives to 31 December 2021.